Mutual Life & Loan Ass'n of America v. Skidmore

Appellant issued its insurance policy No. 3048 to Mrs. Rose Wade, agreeing that upon her death it would pay appellee Mrs. Annie • Skidmore, as beneficiary named in the policy, the sum of $5 for each member of the class or group known as “Business Men’s Special,” not to exceed $5,000. Mrs. Wade died, and appellee made proper proof of her death and demanded payment of $5,000 on the policy, which appellant refused to pay, whereupon appellee instituted this suit for recovery on the policy, and on the trial recovered judgment for $5,000, with interest; hence this appeal.

The first assignment of…